Low Income Apartments and Affordable Housing For Rent in New Castle, PA

Discover affordable housing in New Castle where there are 19+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Lightner Greene

3296 Mitchell Rd, New Castle, Pennsylvania 16105

Lawrence Manor

211 W Moody Ave, New Castle, Pennsylvania 16101

Shenango Treetop

Rr 1 Box 1100, New Castle, Pennsylvania 16101

Harbor Heights

720 Altman Road, New Castle, Pennsylvania 16101

Skyview Towers

219 N Beaver Street, New Castle, Pennsylvania 16101

Big Run

1300 South Jefferson Street, New Castle, Pennsylvania 16101

Vista South Apartments

1116 S Mercer St, New Castle, Pennsylvania 16101

Crestview Gardens Apartments

1139 Pin Oak Dr, New Castle, Pennsylvania 16101

Sheridan Place

26 N Jefferson St, New Castle, Pennsylvania 16101

Westview Terrace

901 W Grant St, New Castle, Pennsylvania 16101

Oakview Apartments

7 S Liberty St, New Castle, Pennsylvania 16102

Cedarcrest Apartments

210 N Cedar St, New Castle, Pennsylvania 16102

Highland Terrace

111 W Fairmont Ave, New Castle, Pennsylvania 16105

Allied Community Living

1303 S Jefferson St, New Castle, Pennsylvania 16101

Lincoln Terrace

201 W Lincoln Avenue, New Castle, Pennsylvania 16101

Neshannock Woods

209 Cambridge St, Unit 601, New Castle, Pennsylvania 16101

Riverside Apartments

125 W North St, New Castle, Pennsylvania 16105

Castleton Apartments Complex

134 N Mercer St, New Castle, Pennsylvania 16101

Hables Project

33 S Jefferson St, New Castle, Pennsylvania 16101

calendar_today Opened: Sep 4
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In New Castle, Pennsylvania
$16.50/hour
$9.25 (+128%) more than Pennsylvania minimum wage and $9.25 (+128%) more than the Federal minimum wage.
Learn More About New Castle, Pennsylvania Affordable Housing ↓

What HUD offices serve New Castle, Pennsylvania?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Veteran Affairs Supportive Housing (VASH) programs for New Castle, Pennsylvania.

Go to the Pennsylvania Public Housing and Low-Income Apartments Waiting Lists page for openings near New Castle.

How many renters live in New Castle, Pennsylvania?

The City of New Castle has 21,863 people living in 9,145 households.

There are 9,374 renters living in 4,268 renter households in this City. Renters make up 42.88 percent of the population living in New Castle.

What is the rental market like in New Castle, Pennsylvania?

There are an estimated 10,599 housing units in the New Castle area. Of these, 4,466 units are rental homes, making up 42 percent of the housing market. For every renter household in New Castle, Pennsylvania, there are 1 rental units.

What is the vacancy rate for rentals in New Castle?

The rental vacancy rate in New Castle is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in New Castle for each bedroom size?

Occupied Rental Units by Size in New Castle
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
301 1,304 996 1,294 326
Occupied Rental Units by Size in New Castle

A large number of apartments in New Castle have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in New Castle are overburdened by housing costs?

Among renter households in this market, 51 percent have housing cost burden. Further, 27 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in New Castle

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $590 to $1,386. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $590
One BR $663
Two BR $871
Three BR $1,208
Four BR $1,386
2024 Fair Market Rents in New Castle, Pennsylvania

How many units are rented at Fair Market Rent (FMR) in New Castle?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 211 70 percent
One BR 915 70 percent
Two BR 715 72 percent
Rental Units Below FMR in New Castle, Pennsylvania

How many affordable rental units are in New Castle?

There are a variety of federal affordable housing programs serving households in New Castle, Pennsylvania including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 63
Public Housing 688
Section 8 Project-Based Rental Assistance 409
Section 202 Supportive Housing for the Elderly 43
Section 811 Supportive Housing for Persons with Disabilities 7
Tracked Units by Federal Program in New Castle, Pennsylvania

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in New Castle, Pennsylvania

New Castle features 1,443 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in New Castle, Pennsylvania

There are 128 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Castle.

Housing Choice Vouchers in New Castle, Pennsylvania

On average, Section 8 Housing Choice vouchers pay New Castle landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in New Castle.

The maximum amount a voucher would pay on behalf of a low-income tenant in New Castle, Pennsylvania for a two-bedroom apartment is between $784 and $958.

Sourced from federal housing data and AffordableHousingOnline.com research.